Originally posted by Karnak:
Actually, I'd like to know how you managed that. The combined state and federal taxes should peak at less than 50%.
Bzzzztttt Wrong

Add up, sometime, what is deducted from your paycheck (no matter what they call it if you can not refuse to have it taken out it is a tax of some sort). Divide this by your total earnings and you get your raw "VISIBLE" tax bite. Now most states have a sales tax, (you can find this out by taking the % against the total amount you spend in a year). THEN, many things/products you buy have added taxes you don't see, Gas, Tobacco products, airline/concert tickets, motel/hotel bed tax, cars, etc. etc. In real life you need not be in the top "federal" tax bracket to pay 50% taxes in this country, starting about 1964-65 the Govt. (Federal state and local) started the "hidden tax bites in a big way, and it is getting worse. But now they have taken to calling them user fees and other assorted pc crud. Uncle Ronnie's Tax reforms (no matter which side of that issue you are on) took away most of the former "Rich Folks deductions", so even though the "rate" went down taxes increased. (and folks thought it was all those new burger flippers on the tax roles.

And I'm not even about to get into the paying taxes on taxes you pay issue.
I topped the 50% bracket during the Carter years and am still there even though retired. Do I wish to see half of all I worked for and paid taxes on go to the fed (death tax) when I die ... Yea right. Then the kids can go on welfare ... ahhh what's the use.
New laws needed
4) Congress may never spend more money than the govt. took in the previous year. Except for time of national emergency.
3) 10% of all govt. revenue MUST be budgeted to pay down the national debt if any.
2) Elected Federal Officials are paid (along with all benefits) by the States that send them to Washington.
1) Anyone who wishes to run for political office can't. This would get em
